Real estate industry not defined by one gender
May 09, 2011
A yearly study by the National Association of Realtors found that since 2001, women have saturated the residential real estate market as both agents and buyers, according to The Tennessean.
Alice Walker, president of the Greater Nashville Association of Realtors, explains to the news source that women have made a legitimate presence for themselves in the real estate industry. The NAR's study found that single females made up 20 percent of home buyers - a 5 percent increase from 2001. Single males occupied a mere 12 percent of that category during the same time period.
Additionally, the typical realtor in 2010 was a 54-year-old female. Women make up 57 percent of realtors, and have also become more prevalent in the typically male-dominated world of commercial real estate market, where females now comprise 26 percent of the population.
The Real Deal adds that on April 28, women from three of New York City's top real estate families discussed the current state of the market, as well as their personal experiences in the business, in a forum entitled The Women Leading NY's Real Estate Families.
The discussion was led by female real estate moguls Lisa Silverstein, Helena Dunst and Andrea Olshan, the news source reports.